DAX - 240 - Can it make a new all-time high?
Quick idea.
Once again, DAX could be setting itself for a new all-time high. But, of course, it needs to overcome its current one, near the 13640 level. For now, it looks like the index is on the right track.
We will only consider higher areas if we get a break above that level. If not, we will stay neutral.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
Once again, DAX could be setting itself for a new all-time high. But, of course, it needs to overcome its current one, near the 13640 level. For now, it looks like the index is on the right track.
We will only consider higher areas if we get a break above that level. If not, we will stay neutral.
Please see the chart for levels, targets and the alternative scenario.
Don't forget your stop-loss.
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